Share
Facebook
Twitter
LinkedIn
Flipboard
Print
Email

Wealth & Poverty Review Medved on Deserving vs. Undeserving Rich

The Obama administration and its media allies are doing what they can to fan the flames of class conflict. 

Some recent polls
suggest the campaign is having an effect on public opinion. But Michael Medved digs a little deeper into the data, and argues that Americans don’t generally dislike the “rich,” but rather, the undeserving rich:

The biggest challenge for Mitt Romney isn’t that America hates the rich; it’s that the public hates the undeserving rich, and
deeply resents privileged punks and politically connected connivers who never performed constructive service to make their millions.

This is an important distinction, reminiscent of Arthur Brooks’s distinction between “earned” and “unearned” success. 

Jay W. Richards

Senior Fellow at Discovery, Senior Research Fellow at Heritage Foundation
Jay W. Richards, Ph.D., is the Director of the DeVos Center and William E. Simon Senior Research Fellow at the Heritage Foundation, a Senior Fellow at Discovery Institute, and Editor-at-Large of The Stream. Richards is author or editor of more than a dozen books, including the New York Times bestsellers Infiltrated (2013) and Indivisible (2012); The Human Advantage; Money, Greed, and God, winner of a 2010 Templeton Enterprise Award; The Hobbit Party with Jonathan Witt; The Privileged Planet with Guillermo Gonzalez, coming out in a second edition in 2024; The Price of Panic: How the Tyranny of Experts Turned a Pandemic Into a Catastrophe with Douglas Axe and William Briggs; and Eat, Fast, Feast. His most recent book, with James Robison, is Fight the Good Fight: How an Alliance of Faith and Reason Can Win the Culture War.